Announced Sat, 30 May · 19:09 IST

In terms of Regulation 30, 33 and other applicable Regulations, if any, of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that the Board ....

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AI summary

Competent Automobiles Company Ltd reported standalone revenue from operations of Rs 2,23,910 Lacs for FY26, up 5.07% from Rs 2,13,124 Lacs in FY25. Standalone PAT grew marginally by 0.74% to Rs 2,272 Lacs versus Rs 2,256 Lacs, while basic EPS improved to Rs 41.06 from Rs 36.70. On a consolidated basis, revenue rose 13.78% to Rs 2,43,360 Lacs, but PAT declined 4.35% to Rs 2,056 Lacs. The board recommended a final dividend of Rs 1 per equity share (10%). Exceptional items of Rs 306.30 Lacs were recorded, comprising Rs 142.64 Lacs for new labour code implementation costs, Rs 147.79 Lacs from flood damage at Bahadurgarh stockyard, and Rs 15.87 Lacs from fire damage at Una, HP. Statutory auditors issued an unmodified (clean) opinion on both standalone and consolidated financial results.

Likely market impact

The company showed modest revenue growth but PAT growth was flat due to exceptional items. The clean audit opinion and dividend payment are positive signals for shareholders, though the consolidated PAT decline warrants monitoring.